Is Samkrg Pistons & Rings a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Samkrg Pistons & Rings Ltd is a good quality company .

Is Samkrg Pistons & Rings undervalued or overvalued?

The key valuation ratios of Samkrg Pistons & Rings Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone .

What is Samkrg Pistons & Rings share price return in the past 10 years?

Samkrg Pistons & Rings Ltd share price has appreciated 1% annually (CAGR) over the past ten years.

Is Samkrg Pistons & Rings a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Samkrg Pistons & Rings Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

Samkrg Pistons & Rings Ltd - Stock Valuation and Financial Performance

Name: Samkrg Pistons & Rings
Brand: Samkrg Pistons & Rings

BSE: 520075 | NSE: | Auto Ancillary | Small Cap

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Samkrg Pistons&Rings Share Price

₹175.70 -1.85 -1.04%
as on 21-Nov'24 16:59

10 Year X-Ray of Samkrg Pistons&Rings:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	21.3%	23%	24.2%	22.8%	22.2%	16.9%	14.7%	11.5%	11.6%	9.7%	-
Value Creation Index ⓘ	0.5	0.6	0.7	0.6	0.6	0.2	0.1	-0.2	-0.2	-0.3	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	232	245	252	268	290	236	225	237	237	247	245
Sales YoY Gr.	-	5.5%	2.6%	6.7%	7.9%	-18.5%	-4.5%	5.4%	-0.3%	4.3%	-
Adj EPS ⓘ	12.7	16.1	20	20.4	21	19.9	17.4	14.1	14.8	12.4	14.3
YoY Gr.	-	27.2%	24.2%	2%	2.6%	-5.3%	-12.4%	-19.1%	5.4%	-16.3%	-
BVPS (₹) ⓘ	84.7	92.3	111.8	126.7	142.3	150.2	167.3	176.4	181.6	191.9	193.8
Adj Net Profit ⓘ	12.5	15.9	19.7	20.1	20.6	19.5	17.1	13.8	14.6	12.2	14
Cash Flow from Ops. ⓘ	31.6	25.3	33.4	26.7	27.2	24.4	19.9	1.1	12.3	20.8	-
Debt/CF from Ops. ⓘ	0.6	0.7	0.5	0.7	0.6	0.6	0.2	17.9	1.5	1.5	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	0.7%	-3.2%	3.1%	4.3%
Adj EPS ⓘ	-0.3%	-10%	-10.6%	-16.3%
BVPSⓘ	9.5%	6.2%	4.7%	5.7%
Share Price	1%	9.2%	3.6%	27.4%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	15.6	17.9	19.3	16.9	15.4	13.4	10.9	8.1	8.2	6.6	7.4
Op. Profit Mgn % ⓘ	14.6	14.5	16.1	15.5	14.9	16.3	16	13.7	14.6	12.8	14.3
Net Profit Mgn % ⓘ	5.4	6.5	7.8	7.5	7.1	8.3	7.6	5.8	6.2	4.9	5.7
Debt to Equity ⓘ	0.2	0.2	0.2	0.2	0.1	0.1	0	0.1	0.1	0.2	0
Working Cap Days ⓘ	75	76	80	68	65	86	97	103	121	131	75
Cash Conv. Cycle ⓘ	38	37	41	34	35	49	59	77	99	105	40

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 7.40%

Sales growth has been subdued in last 3 years 3.07%

Net Profit has been subdued in last 3 years -10.64%

Sales growth is not so good in last 4 quarters at 7.82%

Latest Financials - Samkrg Pistons & Rings Ltd.

	Standalone	Consolidated
TTM EPS (₹)	14.3	-
TTM Sales (₹ Cr.)	245	-
BVPS (₹.) ⓘ	193.8	-
Reserves (₹ Cr.) ⓘ	181	-
P/BV ⓘ	0.92	-
PE ⓘ	12.43	-

From the Market
52 Week Low / High (₹)	133.00 / 259.35
All Time Low / High (₹)	6.50 / 379.00
Market Cap (₹ Cr.)	174
Equity (₹ Cr.)	9.8
Face Value (₹)	10
Industry PE ⓘ	51.1

Management X-Ray of Samkrg Pistons&Rings:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Samkrg Pistons&Rings

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Samkrg Pistons&Rings

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	232	245	252	268	290	236	225	237	237	247
Operating Expenses ⓘ	199	210	211	227	246	197	189	205	202	215
Manufacturing Costs	58	65	61	60	0	0	0	0	0	0
Material Costs	64	56	70	76	157	113	119	138	136	141
Employee Cost	48	57	50	56	53	54	45	43	44	53
Other Costs ⓘ	29	32	30	35	37	31	25	24	22	21
Operating Profit ⓘ	34	35	40	42	43	38	36	33	35	31
Operating Profit Margin (%)	14.6%	14.5%	16.1%	15.5%	14.9%	16.3%	16.0%	13.7%	14.6%	12.8%
Other Income ⓘ	0	0	1	2	2	1	1	1	1	2
Interest ⓘ	5	2	2	1	1	1	1	2	3	4
Depreciation ⓘ	12	12	13	13	12	13	13	13	13	13
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	18	22	27	29	32	26	23	19	19	16
Tax ⓘ	5	7	7	9	11	6	6	5	4	4
Profit After Tax	12	16	19	20	21	20	17	14	15	13
PAT Margin (%)	5.3%	6.4%	7.7%	7.5%	7.3%	8.3%	7.7%	5.8%	6.2%	5.1%
Adjusted EPS (₹)	12.5	16.0	19.8	20.5	21.4	20.0	17.6	14.1	15.0	12.8
Dividend Payout Ratio (%)	24%	25%	23%	24%	23%	25%	28%	18%	17%	16%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	85	92	111	126	141	149	166	175	180	190
Share Capital ⓘ	10	10	10	10	10	10	10	10	10	10
Reserves ⓘ	75	82	101	116	131	139	156	165	170	180
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	17	17	17	18	17	15	4	19	18	30
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	17	17	17	18	17	15	4	19	18	30
Trade Payables	18	19	19	18	17	18	13	9	7	13
Others Liabilities ⓘ	32	42	39	35	35	30	30	20	30	29
Total Liabilities ⓘ	152	170	186	197	211	212	213	223	235	262
Fixed Assets
Gross Block	101	215	122	134	156	154	150	144	127	142
Accumulated Depreciation	0	109	0	0	12	13	13	13	0	0
Net Fixed Assetsⓘ	101	106	122	134	144	141	137	131	127	142
CWIP ⓘ	0	0	0	0	0	0	0	4	5	5
Investmentsⓘ	0	0	0	0	0	0	0	0	0	0
Inventories	15	18	16	19	20	27	23	37	43	37
Trade Receivables	31	39	39	38	42	38	47	46	53	69
Cash Equivalents	0	1	4	1	1	0	1	1	0	1
Others Assetsⓘ	5	6	5	4	5	5	6	5	6	8
Total Assets ⓘ	152	170	186	197	211	212	213	223	235	262

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	32	25	33	27	27	24	20	1	12	21
PBT ⓘ	18	23	27	29	32	26	23	19	19	16
Adjustment ⓘ	16	12	14	13	13	13	13	14	17	18
Changes in Working Capital ⓘ	8	-2	2	-6	-5	-6	-10	-26	-15	-6
Tax Paid ⓘ	-5	-6	-7	-8	-10	-7	-5	-4	-3	-2
Cash Flow From Investing Activity ⓘ	-27	-17	-29	-25	-21	-10	-9	-11	-11	-28
Capex	-12	-17	-29	-25	-21	-10	-9	-8	-10	-27
Net Investments	0	0	0	0	0	0	0	0	0	0
Others ⓘ	-14	0	0	0	0	0	0	-4	0	0
Cash Flow From Financing Activityⓘ	-7	-8	0	-4	-7	-15	-11	10	-2	8
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Dividend Paid ⓘ	-3	-8	0	-5	-6	-12	0	-5	-2	-2
Others ⓘ	-4	0	0	1	-1	-3	-11	15	0	10
Net Cash Flow ⓘ	-2	0	4	-3	-1	0	0	0	0	1

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	15.68	18.06	19.42	17.21	15.92	13.65	11.11	8.22	8.35	6.88
ROCE (%)	21.33	22.96	24.2	22.78	22.15	16.9	14.74	11.49	11.6	9.66
Asset Turnover Ratio	1.65	1.7	1.57	1.69	1.75	1.37	1.3	1.33	1.26	1.22
PAT to CFO Conversion(x)	2.67	1.56	1.74	1.35	1.29	1.2	1.18	0.07	0.8	1.62
Working Capital Days
Receivable Days	45	47	51	43	41	51	57	59	63	74
Inventory Days	24	22	22	19	20	29	33	38	51	49
Payable Days	98	121	98	88	40	56	48	29	22	25

Samkrg Pistons & Rings Ltd Stock News

Samkrg Pistons & Rings Ltd FAQs

What is the share price of Samkrg Pistons&Rings?

Company share prices are keep on changing according to the market conditions. The closing price of Samkrg Pistons&Rings on 21-Nov-2024 16:59 is ₹175.7.

What is the market cap of Samkrg Pistons&Rings?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 16:59 the market cap of Samkrg Pistons&Rings stood at ₹174.4.

What is the P/E ratio of Samkrg Pistons&Rings?

The latest P/E ratio of Samkrg Pistons&Rings as of 21-Nov-2024 16:59 is 12.43.

What is the P/B ratio of Samkrg Pistons&Rings?

The latest P/B ratio of Samkrg Pistons&Rings as of 21-Nov-2024 16:59 is 0.92.

What is the 52-week high and low of Samkrg Pistons&Rings?

The 52-week high of Samkrg Pistons&Rings is ₹259.4 and the 52-week low is ₹133.0.

What is the TTM revenue of Samkrg Pistons&Rings?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Samkrg Pistons&Rings is ₹245.4 ( Cr.) .

About Samkrg Pistons & Rings Ltd

Samkrg Pistons & Rings Ltd.was incorporated on March 30, 1985 at Hyderabad as a public limited company and obtained the Certificate of Commencement of Business on July18, 1985. The company was promoted by R J Yata and S D M Rao alongwith Andhra Pradesh Industrial Development Corporation Ltd. (APIDC).

The company is engaged in the manufacture of pistons and piston rings used in two-wheelers three-wheelers four-wheelers and internal combustion engines.

Samkrg's technological and research capacity in terms of professional skills and resources enables manufacture of advanced pistons, piston pins / gudgeon pins, piston rings & circlips to endure higher thermal and mechanical loads. This is critical to engines being more powerful, efficient and less polluting. Manufacturing & marketing of good value, high quality and cost effective products meeting domestic and international customer quality requirements.

The company entered into a technical collaboration agreement with Cheng Shing Piston Co. Ltd. Taiwan (Cheng Shing) to manufacture pistons and piston rings. Under the agreement valid for six years from the date of commencement of commercial production the collaborators were to provide updated technology for casting machining and finishing of pistons and manufacture of piston pins. The agreement also covers supply of designs drawings and specifications of plant and machinery.

Product range of the company includes:

Pistons
Pins
Rings

Milestones:

Mar-85- Company was incorporated, commencement of business
Mar-86 - Technical Collaboration with M/s. Cheng Shing Piston co. Ltd
Oct-88 - Commercial production of piston & pins at Bonthapally
Jan-89 - Developed asymmetric profile of super hyper eutectic piston
May-91 - 4 stroke pistons developed for motorcycles
Aug-93 - Setup a full fledged piston ring Plant at Varisam
Aug-94 - Developed squeeze casting process for 4S 2-wheeler; & 4- wheeler
Oct-94 - Developed Ductile/Nodular/KV1 piston rings with key stone chrome plated rings.
Dec-96 - Setup second factory for manufacture of pistons to increase capacity and commenced commercial production at Akkivalasa
Aug-97 - Accredited with ISO 9002
Sep-98 - Established Technology Center with Japanese expertise & consultancy for 4S pistons and steel rings and 3 piece oil rings for motorcycles & cars.
Dec-99 - Commercialized production of ring carrier pistons for tractors, LCVs & HCVs with German technology
Apr-2000 Best QCD Vendor award received from TVS-Suzuki for 3 years 1998, 1999 & 2000
Feb-01 - Technology award by CBMD - India
May-01 - Accredited with QS-9000: 1998
Jun-01 - FAPCCI Award for the Best All Round Industrial Performance
Oct-03 - Dr Sir M Visveswaraya Industrial Award for Best Performance in Large & Medium Scale Sector for the year 2003.
Mar-04 - Company has become a Debt free company from all long-term interest paying loans.
Jun-04- Certified for Quality Management System (QMS) under ISO/TS 16949 : 2002 by M/s. Underwrites Laboratories Inc. - USA .
May-05 - Achieved Best Management Award for 2005 from Govt. of Andhra Pradesh
Mar-06- Achieved Honda Motorcycle & Scooter India Pvt. Ltd for Quality & Delivery Targets for 2005-06.
Apr-06 - FAPCCI award for Best Marketing Performance for 2005

Achievements/ recognition:

FAPCCI Award for Best Marketing Performance for the Year 2005.
Best Management Award for the Year 2005.
Dr.Sri.M. Visveswaraya for Best Performance in Large & Medium Scale Industries.
Honda Achivement Awards for Quality & Delivery Targets for 2005-06
Honda Achivement Awards for Zero PPM for 2006-07.
FAPCCI Award for Best All-Round Industrial .
Performance Best QCD Vendor Award from TVS- Suzuki for 3 Years.
Technology Award by CBMD-INDIA.
2010-13
Honda Achivement Awards for Quality & Delivery Targets for 2009-10
Best QCD Vendor Award from TVS- Suzuki for 3 Years
Knorr Bremse Award - Global source"

Certifications: